Auto Service - Gas-Conv
USA Mart & Liquor Store
2117 S 1st St, Abilene, TX 79605
Listing Price: $1,100,000
Investment Overview
Marcus & Millichap presents the Texaco Gas Station at 2117 South 1st Street in Abilene, Texas.
The property is located on a 0.55 acre hard corner lot.
Recently renovated in 2023, the property has 14 months left on its fuel contract
but is underperforming due to absentee management.
Priced below replacement cost, it offers a strong 16 percent cash-on-cash return.
USA Mart & Liquor Store
Investment Highlights
- Value-Add Opportunity: Mismanagement and distant ownership have led to uncompetitive fuel pricing, despite 18,142 vehicles per day.
- Below Replacement Cost: The estimated rebuild cost exceeds $1.5 million, including land.
- Fuel Contract: There are 14 months remaining with a low buyout for potential rebranding.
Exclusively Listed By
Financing By
Listing Price: $1,100,000
Investment Highlights
- Value-Add Opportunity: Mismanagement and distant ownership have led to uncompetitive fuel pricing, despite 18,142 vehicles per day.
- Below Replacement Cost: The estimated rebuild cost exceeds $1.5 million, including land.
- Fuel Contract: There are 14 months remaining with a low buyout for potential rebranding.
Investment Overview
Marcus & Millichap presents the Texaco Gas Station at 2117 South 1st Street in Abilene, Texas. The property is located on a 0.55 acre hard corner lot. Recently renovated in 2023, the property has 14 months left on its fuel contract but is underperforming due to absentee management. Priced below replacement cost, it offers a strong 16 percent cash-on-cash return.
Exclusively Listed By
Financing By
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